... Chapter 6, n.2, above); and that, on the other hand, the “formula only takes account of the reduction of prices in relation to costs, and does not recognize the possibility of a reduction of output being caused directly by a contraction of demand without an intervening fall of price” (JMK XIII, p...

... interest in the extent, if any, to which the materials in JMK XXIX affect the conclusions of my recent study of Keynes’ Monetary Thought (1976) and subsequent article on “The Process of Writing The General Theory’’ (1977), which were based on the “trilogy” sup- plemented by the materials...

... at pains to make this absolutely clear [JMK XIII, p. 270; brackets in source]. But in his answers to both Hawtrey and Joan Robinson, Keynes refers only to changes in output as such. He does not refer to what seems to me to be the really distinguishing mark of the General Theory, namely...

... after the appearance of the Tract, Keynes (as Moggridge tells us, JMK XIII, p. 15) began working on what was to become the Treatise. Unfortunately little survives of these early stages of this work “beyond an extensive collection of draft tables of contents” (ibid From these it would appear...

... History of Economics Society conference, and two anonymous referees for their very helpful comments and suggestions. Citations to Keynes's Collected Writings are to JMK, followed by the volume and page numbers. From the Treatise on Money to The General Theory: John Maynard Keynes’s Departure...

... which are reproduced in JMK XIII and XIV have not been listed here. Edited by Donald Moggridge. Vol. XIV of Keynes' Collected Writings, 1973 . Keynes , John M. Collected Writings . London: Macmillan, for the Royal Economic Society, 1971–1973 . Keynes , John M. , and Hubert Henderson...

... storage of foodstuffs and raw materials. Economic Journal 48 ( September ): 449 -60. Keynes , J. M. 1971–83 [cited as JMK]. Collected writings . Edited by E. A. G. Robinson and D. Moggridge. 29 vols . Cambridge: Cambridge University Press for the Royal Economic Society. Keynes , J...

..., his Economic Consequences of the Peace (1919; JMK 2).4 Keynes 1. See, for instance, her essay “Am I a Snob originally read to the Memoir Club on December 1, 1936, and now reprinted in Woolf 1985. 2. As Chris Godden has pointed out to us, Keynes’s appearances on the radio may present...

... to describing the distinguishing analytical characteristics of the Tract, the Treatise, and the Generul’ Theory, Patinkin uses the supplementary materials in Volumes XI41 and XIV of the Collected Writings of John Maynard Keynes (JMK) to trace the relationships between these works. The result is a percep...

... of such a reduction be called involuntary?” (JMK XIV, p. 31). Unfortunately for our purposes, Keynes did not reply to this question. I08 The conceptual framework, I1 109 But Keynes apparently considered this conclusion...

... the Minutes of the Royal Opera House Trust with the permission of the Archivist of the Royal Opera House, Covent Garden. In what follows, all references to the Collected Writings of John Maynard Keynes (Johnson and Moggridge 1971–89) are cited as JMK volume number, page number. © 2005 by Duke University...

... Moggridge (1973), and The General Theory and After: Part It. Defence and Development, ed. Donald Moggridge (1973). For con- venience, I shall refer to these volumes by the following short titles, respectively: Tract: Treatise I or TM I; Treatise I1 or TM 11; General Theory or GT;JMK XIII...

.... g., JMK XI, JMK XIII, and so forth. For convenience, the General theory will sometimes be further abbreviated to GT . References American Economic Association 1942 . ‘Directory of members.’ American Economic Review 32 ( Sept., Supplement ). Colander , David 1984...

....) as JMK, XIII, XXIX, and so forth. 647 648 History of Political Economy 19:4 (1987) Theory,’ from which, as the reader of Anticipations is informed, I “[drew] freely” in presenting the explanation there, and to which he is referred...

... problematic in the General Theory: a fact that is well attested by Keynes’ long and inconclusive discussions with Hawtrey on the proofs of this chapter during 1935 (JMK XIII, pp. 568, 597, 610, 623-24), and the even longer series of articles that have continued to appear over the years...

... references to the writings of Keynes are to the Royal Economic Society’s new edition of his Collected Writings. For simplicity, the General Theory will some- times be further abbreviated to GT. Specific volumes in Keynes’ Collected Writings will be referred to (e.g.) as JMK XIII, JMK XIV...

.... 14 1929-30) to “The Monetary Theory of Production” (JMK XIII, pp. 343, 41 1-12). Not that the Treatise was not concerned with changes in produc- tion. On the contrary, its main purpose was to explain the cyclical fluctuations of production and hence employment that then beset...

... of John May- nard Keynes (Johnson and Moggridge 1971–89) are printed JMK, followed by the volume and page numbers. I should like to thank Susan Howson and the editor of HOPE for very helpful comments on earlier drafts. History of Political Economy 34:3 © 2002 by Duke University Press. 634 History...

... of the sinking fund was made in 1924, and he repeated it again during the Depression—arguing in 1933, for instance, that reductions in the sinking fund could be used to finance tax cuts (JMK 9:335–66). By any reasonable measure of government accounts (and cer- tainly in the contemporaneous British system...

... it which fails to last through. The risk of this is perhaps the biggest argument against the “grin and bear it” policy [JMK XI11 , pp. 198-991. The theme that one cannot rely on what Keynes in the General Theory (p. 266) came to call “the self-adjusting quality of the economic...